而实际汇率错位水平对中美出口贸易则产生了显著的负向影响。
While the mismatch level of RMB real exchange rate brings dramatic negative effect on Sino-US export trade.
汇率错位是汇率走势偏离基本经济要素的一种不合理变化的现象。
The exchange rate dislocation is a phenomenon which the exchange rate trend deviates basic economical essential factors and exchange rate changes unreasonably.
通过建立误差修正模型发现：人民币汇率错位自修正机制存在，但功能较弱。
By the error - correction model, the study shows: there exists the malposition error - correction organism of RMB 's rate of exchange, but it functions weakly.
汇率错位的间接效应对真实农业支持水平的转移程度比不存在传递效应时显著下降。
The indirect effect caused by exchange rate misalignment will significantly decrease than the real agricultural support level when transferred to the equilibrium agricultural support.
对汇率错位的测算表明：2004年和2005年上半年，人民币存在低估，但低估幅度较小。
A measuring of the malposition of the rate of exchange indicates that RMB's rate of exchange was moderately underestimated with a narrow range in2004and the first half of2005.
人民币汇率错位自我修正能力较强，钉住“一篮子”货币能较好地反映人民币实际有效汇率的波动。
RMB can modify misalignment by itself and pegging to a basket currency can reflect the fluctuation of REER of RMB preferably.
人民币汇率错位自我修正能力较强，钉住“一篮子”货币能较好地反映人民币实际有效汇率的波动。
RMB can modify misalignment by itself and pegging to a basket currency can reflect the fluctuation of REER of RMB preferably.
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